Read and analyze the situation and table below. Then do the required activities that follow. Use your worksheet paper this task.

During the year, Murato invested additional Php 30,000.00 in the business. Below are the accounts of Murato Auditing Services:

Accumulated Depreciation - Building 115,000.00

Accumulated Depreciation - Office Equipment 121,000.00

Accounts Payable - 64,000.00

Accounts Receivable - 121,500.00

Additional Investment - 30,000.00

Auditing Income - 1,365,000.00

Building - 750,000.00

Cash - 106,500.00

Depreciation Expense - Building 45,000.00

Depreciation Expense - Office Equipment 65,000.00

Land - 86,000.00

Murato, Capital, 03/01/2017 - 1,193,500.00

Murato, Withdrawals - 175,000.00

Notes Payable - 137,500.00

Office Equipment - 363,000.00

Office Supplies - 29,000.00

Salaries Expense - 635,000.00

Training & Seminars Expense - 50,000.00

Travel and Transportation Expense - 42,000.00

Utilities Expense - 18,000.00

Required: Prepare the following:

1. Unadjusted Trial Balance

2. Income Statement

3. Changes in Equity

4. Financial Position

5. Cash Flow

6. Closing Entries

7. Post - Closing Trial Balance

For the details on entries of Cash account are the following:

Cash received from customer 121,500.00

Cash payments from Accounts Payable 64,000.00

Additional Investment 30,000.00

Cash Balance 03/01/2017 480,500.00

Cash purchases of Supplies 29,000.00

Cash received from auditing income 1,365,000.00

Payments of Land 86,000.00

Murato, Withdrawals 175,000.00

Notes Payable 137,500.00

Purchases of Office Equipment 363,000.00

Payments of Office Supplies 29,000.00

Purchases of Building 750,000.00

Payment of Salaries Expense 635,000.00

Payments of Training & Seminars Expense 50,000.00

Payments of Travel and Transportation Expense 42,000.00

Payments of Utilities Expense 18,000.00